Receiving Agent Sample Clauses

The Receiving Agent clause designates a party responsible for receiving funds, documents, or other assets on behalf of another party in a transaction. Typically, this agent acts as an intermediary, ensuring that payments or deliveries are properly collected and held until certain conditions are met, such as the completion of contractual obligations or the satisfaction of escrow requirements. By clearly identifying the Receiving Agent and outlining their duties, this clause helps facilitate secure and orderly exchanges, reducing the risk of misdelivery or disputes over receipt.
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Receiving Agent. The Minnesota Glaziers and Allied Trade Retirement Plan (and its successor as described in Article 14), the Twin City Glaziers Welfare Plan (and its successor as described in Article 13), the Finishing Trades Institute of the Upper Midwest or the Finishing Trades Institute, and International Union of Painters and Allied Trades, AFL-CIO, District Council 82 (hereinafter collectively referred to as the “Principals”) are authorized to enter into such agreements and take such other actions as may be necessary for the purpose of appointing a Receiving Agent (whether a corporation or one or more individuals) for the purpose of receiving all contributions and reports required by the provisions of Article 8, 9, 10, 13, 14, 15, 18, 19 and 33 of this Labor Agreement to be paid to and filed with each of the Principals. The timely payment in full or contributions to and the timely filing of all reports with any Receiving Agent so appointed shall be payment to the Principal and shall fully discharge the Employer’s obligations to make contributions and reports to the Principals. The Receiving Agent so appointed by the Principals shall, upon receipt of such contributions and reports, forward the same immediately to the appropriate Principal.
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Receiving Agent. Prior to the Effective Date, BidCo shall enter into an agreement in form and substance reasonably acceptable to the Company with a paying agent selected by BidCo with the Company’s prior approval, which approval shall not be unreasonably conditioned, withheld or delayed, to act as agent for the Company Shareholders in connection with the Acquisition (the “Receiving Agent”) to receive payment of the Consideration to which the Company Shareholders shall become entitled. BidCo shall pay all costs, fees and expenses incurred in connection with the retention and engagement of the Receiving Agent.
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Receiving Agent. The Company confirms that it has instructed the Receiving Agent to act as receiving agent in connection with the Rights Issue and the GM and as Registrar in relation to the Share Capital Subdivision, the Nil Paid Rights and the Fully Paid Rights and to perform the obligations assigned to it under the Prospectus, the Form of Proxy, the Provisional Allotment Letters and this Agreement as receiving agent.
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Receiving Agent. The Company confirms that it has instructed the Receiving Agent to act as receiving agent and registrar in connection with the Open Offer and the EGM and to perform the obligations assigned to it under the Circular, the Form of Proxy, the Application Form and this Agreement as receiving agent and registrar in relation thereto, and as registrar in relation to the Placing and the US Subscription.
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Receiving Agent. BoI confirms that it has instructed the Receiving Agent to act as: 16.1.1 receiving agent in connection with the Placing, the Rights Issue and the EGC and as receiving agent in relation to the Placing Stock, the Nil Paid Rights, the Fully Paid Rights, the Debt for Equity Stock and the Government Transaction Stock; 16.1.2 registrar in connection with the Renominalisation, the Placing and the Rights Issue; 16.1.3 issue agent and registrar in relation to the Allotment Instruments and the Debt for Equity Offers; 16.1.4 conversion agent and issue agent in relation to the Government Transaction, and to perform the obligations assigned to it under the Receiving Agent Agreement, the Circular, the Prospectus, the Form of Proxy, the Provisional Allotment Letters and this Agreement as receiving agent, registrar and issue agent.
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Receiving Agent. In the case of an Offer, prior to the posting of the Offer Document, the Borrower shall (or shall cause Acquisition Sub to) deliver to the Administrative Agent a copy of the Receiving Agent Agreement duly executed by the parties thereto and in a customary market standard form and upon request from the Administrative Agent after the occurrence of the Initial Funding Date, use all reasonable endeavors to procure that such reputable receiving agent continues as registrar of the Target, or another reputable registrar is appointed as registrar of the Target.
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Related to Receiving Agent

  • Receiving Party The entity receiving the capacity and energy transmitted by the Transmission Provider to Point(s) of Delivery.

  • Receiving Party Personnel The receiving Party will limit access to the Confidential Information of the disclosing Party to those of its employees, attorneys and contractors that have a need to know such information in order for the receiving Party to exercise or perform its rights and obligations under this Agreement (the “Receiving Party Personnel”). The Receiving Party Personnel who have access to any Confidential Information of the disclosing Party will be made aware of the confidentiality provision of this Agreement, and will be required to abide by the terms thereof. Any third party contractors that are given access to Confidential Information of a disclosing Party pursuant to the terms hereof shall be required to sign a written agreement pursuant to which such Receiving Party Personnel agree to be bound by the provisions of this Agreement, which written agreement will expressly state that it is enforceable against such Receiving Party Personnel by the disclosing Party.

  • Global Agent The entity selected by ▇▇▇▇▇▇▇ Mac to act as its global, calculating, transfer, authenticating and paying agent for the Original Notes, which as of the Closing Date is

  • Reliance by Administrative Agent The Administrative Agent shall be entitled to rely upon, and shall not incur any liability for relying upon, any notice, request, certificate, consent, statement, instrument, document or other writing (including any electronic message, Internet or intranet website posting or other distribution) believed by it to be genuine and to have been signed, sent or otherwise authenticated by the proper Person. The Administrative Agent also may rely upon any statement made to it orally or by telephone and believed by it to have been made by the proper Person, and shall not incur any liability for relying thereon. In determining compliance with any condition hereunder to the making of a Loan, or the issuance of a Letter of Credit, that by its terms must be fulfilled to the satisfaction of a Lender or the L/C Issuer, the Administrative Agent may presume that such condition is satisfactory to such Lender or the L/C Issuer unless the Administrative Agent shall have received notice to the contrary from such Lender or the L/C Issuer prior to the making of such Loan or the issuance of such Letter of Credit. The Administrative Agent may consult with legal counsel (who may be counsel for the Borrower), independent accountants and other experts selected by it, and shall not be liable for any action taken or not taken by it in accordance with the advice of any such counsel, accountants or experts.

  • Payment Agent Prior to the Effective Time, Parent shall select a bank or trust company reasonably acceptable to the Company to act as the payment agent for the Merger (the “Payment Agent”).